If You Own a Perpetuity of $500 and If the Interest

question 41

Multiple Choice

If you own a perpetuity of $500 and if the interest rate is 4 percent,then its present value _____

• A)cannot be determined unless the number of years is known.
• B)is $2,000.
• C)is $504.
• D)is $12,500.
• E)is infinite.

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An organic compound released by the pancreas, responsible for maintaining blood sugar levels by enabling glucose to be absorbed by tissues.

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The consumption of food by an organism to provide energy and nutrients for bodily functions.

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The biochemical process by which proteins are broken down into their constituent amino acids by enzymes in the digestive system.

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The process of enhancing the perceptual or emotional responsiveness to stimuli.